Cheap Apartments for Rent in the Mercer Heights Neighborhood of Mercer Island, WA from $500 (70 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mercer Heights area of Mercer Island.

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Westwinds Apartments
1 to 2 Bedroom Apartments

Westwinds Apartments

3059 Island Crest WayMercer Island, WA 98040

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Encore
Rent Specials
$1,373 - $4,185Studio to 2 Bedroom Apartments Available Now

Encore

4689 Martin Luther King Jr Way SSeattle, WA 98108
Affordability
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  • Matterport 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Genoa
Studio Apartments

Genoa

2305 S Plum StSeattle, WA 98144
Corporate Housing
  • Utilities Included
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Spruce Park Apartments
Studio to 1 Bedroom Apartments

Spruce Park Apartments

155 21st AveSeattle, WA 98122
  • Utilities Included
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Vale Studios
Studio Apartments

Vale Studios

4735 32nd Ave SSeattle, WA 98118
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Madison View
Studio to 1 Bedroom Apartments

Madison View

114 24th Ave ESeattle, WA 98112
  • Utilities Included
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Dakota
1 to 3 Bedroom Apartments

Dakota

3642 33rd Ave SSeattle, WA 98144
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The Redwood
Studio Apartments

The Redwood

111 21st Ave ESeattle, WA 98112
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hamilton
Studio to 2 Bedroom Apartments

Hamilton

2305 E Madison StSeattle, WA 98112
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Madison Park View
1 to 2 Bedroom Apartments

Madison Park View

2424 E Madison StSeattle, WA 98112
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119
Studio to 1 Bedroom Apartments

119

119 22nd Ave ESeattle, WA 98122
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3435
1 to 2 Bedroom Apartments

3435

3435 Rainier Ave SSeattle, WA 98144
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Dakotan Apartments
Studio Apartments

Dakotan Apartments

221 23rd Ave ESeattle, WA 98112
  • Utilities Included
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NA-MU Lofts
Studio Apartments

NA-MU Lofts

2202 E Olive StSeattle, WA 98122

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Mercer Heights, Mercer Island, WA Local Guide

Cheapest Available Mercer Heights Apartments for Rent

 

The cheapest available apartment rental in the Mercer Heights area of Seattle, WA is a Studio unit found at Filipino Community Village (Affordable, 55+) priced from $594. Courtland Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $774. Here are the most affordable Mercer Heights apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio,1BA$594
Courtland PlaceOne Bedroom One Bath1BR,1BA$774
Mt Baker The Maddux ApartmentsStudio FStudio,1BA$895
SPOKANE AT RAINIER COURT a 55+ Affordable One Bedroom One Bath1BR,1BA$899
Vale StudiosStudios -MFTEStudio,1BA$995
Hanford StudiosStudioStudio,1BA$999
NOCO ApartmentsStudio EStudio,1BA$1,049
DakotaOne Bedroom One Bath1BR,1BA$1,086
Elizabeth James House1B1BR,1BA$1,102
Pax FuturaSmall StudioStudio,1BA$1,125

Best Value Apartments for Rent in Mercer Heights, WA

As of November 02, 2025 the best value apartment in the Mercer Heights area is the $1.56 price per square foot Two Bedroom Two Bath Model at Courtland Place in the in the Mercer Heights neighborhood starting from $1,978. The second greatest value Mercer Heights apartment is the Two Bedroom Model at 12 Central Square starting at $2,855 with a $2.28 price per square foot in the North Bellevue neighborhood. Here is today’s list of the best values for Mercer Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Courtland PlaceTwo Bedroom Two Bath2BR,2BA$1.56
12 Central SquareTwo Bedroom2BR,2BA$2.28
Emerald Ridge2 Bed 2 Bath2BR,2BA$2.26
DakotaTwo Bedroom Two Bath2BR,2BA$1.66
Park 433One Bedroom1BR,1BA$2.29
Clairemont Apartments1x11BR,1BA$2.30
Westwinds Apartments1BR/1.0BA1BR,1BA$2.29
SPOKANE AT RAINIER COURT a 55+ Affordable One Bedroom One Bath1BR,1BA$1.49
Elizabeth James House1B1BR,1BA$2.08
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio ,1BA$1.70

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Mercer Heights, Mercer Island, WA

Ranked #1

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Mercer Heights, Mercer Island, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Mercer Island. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mercer Heights Apartments

What is a cheap apartment in Mercer Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mercer Heights is under $1,125.

What is the price of a cheap apartment in Mercer Heights?

The cheapest apartment in Mercer Heights is Filipino Community Village (Affordable, 55+) which is listed at $634, while the average apartment in Mercer Heights costs $8,364.

What types of apartments are the cheapest in Mercer Heights?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 165 regular apartments in Mercer Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Mercer Heights?

Cheap apartments in Mercer Heights have an average cost of $392 which is $7,972 cheaper than the average rent for all rentals in Mercer Heights.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Seattle, WA

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.